What's the most high probability combination of indicators you've ever witnessed?

MarkBrown said:
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here i added a moving average - any kinda momentum indicator will present the weakness of the current direction. see the new picture in the post above this one.

so once you have the divergence the market may continue to drift - you wait until it shows weakness in it's current direction - then look to any type of momentum indicator to change direction.

m
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I notice you're not showing the highest probability type of chart for these type's of setups from a R/R perspective (particularly for manual entry and definitely not for manual adjusted entries). You are also not fully revealing the edge, only a part of it.

Is this on purpose? or you're not fully aware of what I am speaking of?
 
easymon1 said:
The RSID Failure Swing per the rules would be interesting to see backtested.
Here's a link to a presentation that posts the need for a "neckline".

"RSI Failure Swing: Trading the RSI the Wilder Way!"
https://www.elearnmarkets.com/blog/rsi-failure-swings/
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this is the exact way that i programmed mine - the only difference will be in the settings - there are two settings

length - of the rsi which i am using 5.

swing - the numbers of bars to consider for the divergence to be valid which i am using 5.
 
MarkBrown said:
this is the exact way that i programmed mine - the only difference will be in the settings - there are two settings

length - of the rsi which i am using 5.

swing - the numbers of bars to consider for the divergence to be valid which i am using 5.
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...and yet there is no answer for the question
What triggers a buy or a sell to open?
 
MarkBrown said:
this is the exact way that i programmed mine - the only difference will be in the settings - there are two settings

length - of the rsi which i am using 5.

swing - the numbers of bars to consider for the divergence to be valid which i am using 5.
More...
If you are not inclined to backtest the exact procedure set down in this link then
why not simply say so and save us all a bunch of time? lol
"RSI Failure Swing: Trading the RSI the Wilder Way!"
https://www.elearnmarkets.com/blog/rsi-failure-swings/
 
Lose the indicators. Focus on the 3rd apex area of either a wedge or micro-wedge. Al Brooks gives the best definition. All you seek is there...and more.
 
SteveH said:
Lose the indicators. Focus on the 3rd apex area of either a wedge or micro-wedge. Al Brooks gives the best definition. All you seek is there...and more.
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https://finviz.com/screener.ashx?v=211&f=sh_avgvol_o1000,ta_pattern_wedgedown2&ft=4
Good point, that's what he said...
volpri said:
For instance, a wedge top is basically 3 pushes up. A wedge bottom three pushes down. It doesn't necessarily have to be a wedge shape "par excellence."
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...and big Al his self say so too...
easymon1 said:
Although a traditional wedge pattern with three clearly defined pushes and a converging trend line and trend channel line often leads to a large swing, traders also should carefully look for small three push patterns throughout the day because they often provide excellent scalping opportunities, as shown here.
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In the interest of the thread title, "high probability combination of indicators" we
should expect to see momentarily, a refutation by accurate backtest of the
precise method laid out in the linked article...

"RSI Failure Swing: Trading the RSI the Wilder Way!"
https://www.elearnmarkets.com/blog/rsi-failure-swings/
 
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notagain said:
90 minute upper and lower "moving average envelope" set at half a percent of the price.
Fast move breaks the envelope and continues.
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A couple years ago, I backtested something with Bollinger Bands and it had good results. I'm trying to look through old notes to find it. It was for EUR/USD, though, not ES.
 
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